Burj Khalifa service charges 'lower than expected'

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Emaar Properties - UAE
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Posted by: His Excellency Dr Paul

You know summer is here when every swimming pool cooler in the Greens get switched off to save..., er... I mean breaks down for about 3 months until an audit, several meetings and full report can be commissioned and parts shipped in from the other side of the world. If Emaar are the best, I pity the poor guys living in Nakheel projects.

Posted by: Mohd Afzal

Dear Anonymous, Miss Dubai is partly correct. There is a Greens Homeowners Committee and my neighbor is one of the members. Emaar does show the accounts and does have it audited each year by BDO Patel & Saleh and Grant Thornton I think. The owners do have a say in who manages their services in their community. Miss Green is wrong to say there is an Association, becuase there is none and its not really Emarr's fault but because until very recently RERA did not release the regulations to enable them to form the Association. I have purchased in other communities but I can truth fully say that Emarr with all their faults is still by far the best developer and community manager.

Posted by: MissDubai

Perhaps your friends should get in touch with the Greens Homeowners Association. They are very much engaged in the processes of auditing service fee balance sheets and selecting contractors for their community.

Posted by: Anonymous

"Where a home owner association is formed"....are you saying there are Emaar communities where the home owner association has NOT been formed??? If so, what is your answer to why this has happened. By the way, I have friends who are owners of the Greens and they had no say whatsoever when Emaar increased their Service Charge fees. They have received no audited balance sheets, nothing audited provided as to where the money goes so I don't know what planet you are living on but here in Realityville, aka Dubai, home owner associations, open accounting, open bidding, etc. is not happening, and it is NOT happening in Emaar projects either! You do your research!!

Posted by: MissDubai

You've just described exactly what happens in current Emaar communities where a homeowners association has been formed. Do your research.

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